Investment Info:
Single-family residence buy & hold investment in Madison.
Purchase price: $210,000
Sale price: $290,000
The deal that got me started.
What made you interested in investi...
Hello BP,Is it possible to get a mortgage for an amount higher that the actual cost of the house? The difference will be for rehab. I understand some banks won’t allow this, but can I put it in the contract with the s...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $245,000
Cash invested: $55,000
This is a duplex on 51st & Dodge St. in Omaha, right in the heart of Dun...
Hello all,
Most recently I have partner with someone who is very family with real estate investing. He has allowed me to go in on a project he just picked up. A house that needed a lot of rehab he was offer a extreme...
When analyzing a Duplex, what would you look for that would consider it a "good deal" ?
Hey everyone-
I signed a term sheet and app with a private lender. Then they ran my credit, which is in the high 700s. We are rolling! But the next morning the broker shoots me an email. It reads
"I am really sorr...
Lets say I am purchasing a property utilizing a lease option. During the option period I will be making significant improvements and the purchase price is already discounted. I have it under contract for 80k, but afte...
Hey everyone! I'm looking at a 4-plex and would appreciate any insight on two Qs.
1) Submitted request for more info on loopnet and got some videos and an exec. summary but nothing detailed and no financials. While i...
In my local market there recently was a big scandal about someone who was ripping a bunch of investors off. Without going into too much detail, he was a well-known guy in the local community and a lot of the investors...
This post if for the marketing pros,I have started sending mailers to MFH owners (8-50 units). The response rate is 5% so far. I've heard you can get better response rate by adding some urgency, is that true?How can y...